Nuff Tings A Gwaan In T-Dot :: T-Dot Blog Archive : Unclaimed Money: Part 1

UNCLAIMED MONEY: PART 1


	Jamaica, T&T- 50 Yrs Independence SPOTLIGHT Movies to Watch: "Burning Bed" Over $12 Billion in Unclaimed Money info. Pls sign the Guestbook HIGHLIGHT: Between Friends: Integrity click. . Girlfriend Talk: Spurned Lovers here.
		ARE YOU THE NEXT STAR? We are looking for you. Your "em&em" moment is here. FOUND: Savvy Dees. Check him out on Facebook, etc. SHOUT OUT! Everyone in Jamaica, W.I., especially "Merican" and the family.

T-DOT Blog :: Archived Articles

(We decided to start a blog to inform our readers on some of the lively events in Toronto, Canada.)

Week Ending October 2, 2008. . . Between Friends: Let’s talk economic (money). Christmas is coming and most of us have debt up to our ears. So with that in mind, Santa is arriving early to let you into a little secret — You may be richer than you think you are. Listen up, the Bank of Canada has reported that as at the end of December 2007, approximately 938,000 unclaimed balance, worth some $320 million, were on the Bank’s books. Over 86% of these were under $500. The oldest balance dates back to 1900. An "unclaimed balance" is a Canadian-dollar deposit or negotiable instrument, issued or held by a federally regulated bank or trust company. It can be in the form of a deposit account, bank draft, certified cheque, deposit receipt, money order, GIC, term deposit, credit card balance, or traveller's cheque . . . Next, ever declared bankruptcy? Most of us have at one time or another. Nothing to be ashamed of. Well, the Office of the Superintendent of Bankruptcy has stated at their website that “there are currently 68,806 records in their database with total amount of unclaimed dividends of over $12 Billion. [Repeat $12 Billion]. The largest single amount of an unclaimed dividend is $179,636. . . Canada 3000 Airline declared bankruptcy and left many travelers stranded. As at November, 2007 about $758,000 are owed to people who had flights with Canada 3000 Holidays. About 2,700 cheques were returned because claimants either moved or changed their names . . . Actors (i.e. everyone who has ever worked on a production), ACTRA has a list of unclaimed payments cheques and is looking for you too . . . Musicians, singers, etc, SOCAN has outstanding royalty cheques and has you “missing in action.” For those singers/musicians who think that it is unnecessary to join SOCAN. Well, if your music is getting airplay, SOCAN may have collected royalties for you — singer not a member no address to send cheques. As of today, the links are in working order, but they may change . . . There are many more institutions, e.g. insurance companies that have large “trust accounts” with your money. So, what are you waiting on, start your search, talk to a legal representative, etc. Get that money, spend some, invest some — Never know, Christmas may come early. Not everyone can win the lottery. Tell a friend or foe — "Helping to Put Dollars in Canadians' Pocket One Dollar At A Time" . . Happy Birthday Devon P. wherever you are! Missing you. Luv, your sis . . . Until next week, Peace!